TagBlockchain
Blockchain and the New COSM Architecture
Investigating the past, present, and future of the InternetIn today’s featured COSM video, telecom expert Dan Berninger facilitates a discussion examining the past, present, and future of the Internet. Together they outline a compelling picture of a next generation internet that is less cumbersome, more efficient, and more secure. Panelists include Gurdeep Pall, Corporate VP of Microsoft, Dr. Bob Metcalfe, internet pioneer, entrepreneur, and Professor of Innovation at the University of Texas at Austin, and Dan Mapes, Founder of Verses Technologies. COSM is an exclusive national summit on the technologies remaking the world as we know it. The mission of the conference is to stimulate debate and deliberation amongst industry leaders, illuminating the synergy between Seattle and the world and providing a scene of civilized conversation and exchange. Read More ›
Can Crypto Reverse the Tech Decline?
Listen to a 2019 COSM panel on crypto and the blockchainFor today’s featured COSM video, enjoy this panel from the 2019 conference on cryptocurrencies, the blockchain, and its potential for the tech world. The panel explores the future of cryptocurrency/blockchain technologies, and considers the implications for global money, global security, and internet architecture. We’ve been sharing a number of lectures from past COSM conferences. This video is just one of many you can find at the Bradley Center’s YouTube page. There you’ll find several lectures, interviews, and panels dealing with issues that range from economics, Big Tech, and artificial intelligence. Notable speakers include 2022 Kyoto Prize winner Carver Mead, venture capitalist Peter Thiel, and George Gilder, co-founder of Discovery Institute and author of Life After Capitalism: The Meaning of Wealth, the Future of the Economy, and Read More ›
What Will the Internet Look like in 10 Years?
Is a decentralized and digital system of currency the financial future? What is the "Web 3.0"?In the latest Mind Matters podcast, host Robert J. Marks sat with Adam Goad, a computer engineer from Baylor, to discuss the future of the Internet and the myriad of possibilities involved in the cryptocurrency and blockchain revolution. Is a decentralized and digital system of currency the financial future? What is the “Web 3.0”? Here’s the official description: In the age of data harvesting and Big Tech monopolies, what will the Internet look like in a decade? In today’s episode, Robert J. Marks speaks with computer engineer Adam Goad about “Web 3.0,” decentralization, cryptocurrency, and the future of the blockchain. Visit the podcast section of the site for more illuminating conversations on a broad array of topics in tech, culture, Read More ›
What is the Future of the Internet?
In the age of data harvesting and Big Tech monopolies, what will the Internet look like in a decade? In today’s episode, Robert J. Marks speaks with computer engineer Adam Goad about “Web 3.0,” decentralization, cryptocurrency, and the future of the blockchain. Additional Resources
Modern Bitcoin’s Surprising Lesson About Ancient Scripture
It turns out there’s a striking parallel between the historical record of scripture and the blockchain ledgerThis article was published in The Stream (September 13, 2022) and is republished with permission. Can we trust the authenticity of the New Testament scriptures? Trust is foundational in the acceptance of scripture. There’s an interesting lesson to learn from a very modern system of trust: money. Even Bitcoin, believe it or not. An Exchange of Trust We’ll start with old-fashioned familiar money. Why is a twenty dollar bill worth $20? It’s just a small sheet of paper, after all. The answer is trust. We trust the piece of paper has value because its worth is backed by the United States government. We also trust that Walmart will give us $20 worth of Doritos if we give them a twenty Read More ›
What Is Decentralized Finance?
When you pay Uber for a ride, or anybody else, you use a bank or a third party like PayPal. What if you could pay the Uber driver directly? Decentralized finance uses blockchain to establish trust and security without government regulations. Is decentralized finance the way of the future? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss Read More ›
The NFT Anti-Bubble
When new technology is introduced, there is often a buildup of incredible hype. But eventually, people are going to recognize the limitations of the new technology and it can become irrelevant. Where are NFTs on this “hype curve” and will they continue to exist? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss non-fungible tokens, the economy, and Read More ›
What Are NFTs?
What’s the big deal with non-fungible tokens (NFTs)? Is it worth it to invest in NFTs? How does copyright work with NFTs? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss non-fungible tokens, blockchain, and cryptocurrency. Additional Resources Adam Goad at IEEE Xplore Dr. Austin Egbert at IEEE Xplore ”Just As Cryptocurrencies Went Mainstream — a Huge Collapse!” Read More ›
Why Don’t Some Tech Moguls Like Web3, the New Internet?
Web3 is a decentralized, less controlled version of the internet, as George Gilder predicted in Life After GoogleIn this week’s podcast, “Web3: The next generation of the internet” (August 4, 2022), Walter Bradley Center director Robert J. Marks interviews graduate student Adam Goad and Dr. Austin Egbert, both in computer engineering at Baylor University, on the coming decentralization of the internet. With developments like the ones they discuss looming, Big Tech may be seeing a waistline trim. This is the Part I of the first of the three discussions. https://mindmatters.ai/wp-content/uploads/sites/2/2022/08/Mind-Matters-198-Adam-Goad-Austin-Egbert.mp3 A partial transcript and Additional Resources follow. Dr. Marks began by discussing all the services he gets from Google, confessing that he has not needed to go to a library in over two decades. But… Robert J. Marks: Now, is Google just being nice in giving me Read More ›
Web3: The Next Generation of the Internet
Futurist George Gilder forecasts that decentralization of the web is going to be the future of the internet. Data will become more personalized and stored on your local computer instead of in the cloud and companies like Google will have to figure out some way to adjust. Adam Goad and Dr. Austin Egbert discuss blockchain, Web3, decentralization, and the metaverse Read More ›
George Gilder: An Economic Genius Talks About Gaming AI
George Gilder talks to Robert J. Marks about his book Gaming AI: Why AI Can’t Think but Can Transform Jobs. Show Notes Additional Resources
Can Digital Signatures Protect NFTs in Digital Marketplaces?
The concept of owning an NFT on a blockchain is specific to the blockchain, with no legal force in society at largeIntroduction: At Expensivity, Bernard Fickser explains that a non-fungible token (NFT) is a unique token in cryptography that represents, say, real estate or art rather than money. Because the tokens have unique identities (non-fungible), they can be bought or sold while reducing the risk of fraud. So how do they work?: The series is called How Non-Fungible Tokens Work: NFTs Explained, Debunked, and Legitimized (July 30, 2021). In Part 2, we look at digital signatures 2 Digital signatures in digital marketplaces Of course, there’s more to the story. As already suggested, when someone buys a non-fungible token, they’re not simply buying a digital file of some collectible that can be readily copied. So what exactly are they buying? To understand Read More ›
Blockchains Have NFTs Unnecessarily Tied Down
New ideas propose severing the accidental relationship between NFTs and blockchainsNon-Fungible Tokens (NFTs), for those who haven’t been paying attention, are digital collectibles that have been gaining popularity. Essentially, they allow someone to “mark” their “ownership” of a piece of cyberspace. Since their original inception in 2012, NFTs have invariably been tied to blockchain technology. However, a recent review of the technology by Bernard Fickser has shown that there is nothing inherently tying NFTs to blockchain. In fact, blockchains may be holding NFTs back considerably. (For those needing a refresher, a short guide to how the blockchain works can be found here.) In his article, Fickser notes several interesting discrepancies between NFTs and cryptocurrencies. First of all, there is a lot of technology built into cryptocurrencies to keep them anonymous, while the entire point of Read More ›
Will China’s Digital Yuan Displace the US Dollar in Global Trade?
The U.S. dollar became the world’s reserve currency because it was stable and easily transferable. It also enabled the U.S. to penalize sponsors of terrorism and genocideChina has just launched its Digital Currency Electronic Payment System, called variously the electronic yuan or electronic renminbi (abbreviated e-CNY or e-RMB). It will likely thwart Alipay and WeChat Pay’s dominance in China’s financial tech market and allow the government to track almost all financial transactions in real time. There are, of course, international implications to China being the first country to roll out a digital currency backed by the central bank. Can the Digital Yuan Compete with the Dollar for Global Dominance? Some analysts now see China’s move to a digital currency based on blockchain technology as intended to displace the dollar. Right now, eighty-eight percent of global trade interactions are in U.S. dollars, followed by the euro, and Read More ›
Cloud Computing? There’s a Lot of Smoke in Those Clouds
Big Tech creates many environment issues that we do not often hear about, the way we hear about coal mines and landfillsWhen we think about environment problems, we naturally imagine huge smokestacks turning the sky dark and coating the trees with soot. But glitzy high tech stuff like cloud computing and cryptocurrency use a lot of energy too. Cloud computing, where we use computing resources via the internet without installing and maintaining them, is a huge energy hog we never see: The music video for “Despacito” set an Internet record in April 2018 when it became the first video to hit five billion views on YouTube. In the process, “Despacito” reached a less celebrated milestone: it burned as much energy as 40,000 U.S. homes use in a year. Naomi Xu Elegant, “The Internet Cloud Has a Dirty Secret” at Fortune (September Read More ›
Nevada Announces New Cities in State To Be Run By Big Tech
The zones promise technological freedom, but what are the dangers to handing so much political power to big corporations?Nevada is courting technological business by offering them the opportunity to develop cities independent of government regulation. In his State of the State address on January 19th, Nevada Democratic Governor Steve Sisolak announced proposed legislation to create “Innovation Zones” in order “to jumpstart the state’s economy by attracting technology firms.” The long-term vision for these Innovation Zones is a county independent of local government, run solely by a technological corporation for the purpose of pursuing advanced technology without the red tape of bureaucracy. The proposed legislation draft calls “traditional forms of local government” “inadequate” in their ability “to provide the flexibility and resources conducive to making the State a leader in attracting and retaining new forms and types of businesses…” Read More ›
Can Blockchain Help Ensure Fraud Free Voting?
Could blockchain have prevented the current controversy around voter fraud in the recent U.S. election?In Wednesday’s meeting between Donald Trump’s lawyer Rudy Giuliani and Republican senators from the Pennsylvania legislature about potential voter fraud in the state, one state senator suggested blockchain as a potential cure for the type of voter fraud being alleged. A company called VOATZ has the technology to do this and was mentioned by name. Blockchain is the secret sauce that keeps bitcoin working. Each new bitcoin transaction is encrypted as a new link in the chain, which is distributed to numerous sites. If anyone tries to change a link in the blockchain, everyone who stores the bitcoin blockchain knows it, so the fraud is detected and removed. The beauty of blockchain is that trust is assured among people who Read More ›
While the West Hesitates, China Is Moving to Blockchain
Life After Google by George Gilder, advocating blockchain, became a best seller in China and received a social sciences awardIn this week’s podcast, “George Gilder on blockchain and carbon computing,” tech philosopher George Gilder and computer engineer Robert J. Marks, our Walter Bradley Center director, continued their discussion of the impact of artificial intelligence (AI). This time, they focused on the future of blockchain, of quantum computing, and carbon computing.What difference will they make? Quite a lot it seems. Today, we will look at what happens when blockchain goes global. You can download Gilder’s new book, Gaming AI, for free here. The three earlier episodes and transcripts in this series are also linked below. And so now… https://episodes.castos.com/mindmatters/Mind-Matters-108-George-Gilder.mp3 Gilder and Marks discussed both the huge surge of interest in blockchain in China and the central weakness of Bitcoin, whose Read More ›
George Gilder on Blockchain and Carbon Computing
George Gilder and Robert J. Marks discuss blockchain, Bitcoin, quantum and carbon computing, and George Gilder’s new book Gaming AI: Why AI Can’t Think but Can Transform Jobs (which you can get for free here). Show Notes Additional Resources